Home India Ministry of Finance Overseas Direct Investment Data Fact Sheet December 2023...
Date: 2024-01-10 Category: Tender Document State: Union Government Country: India

Overseas Direct Investment Data Fact Sheet December 2023

Issued by Ministry of Finance · Department of Economic Affairs

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** This document provides a monthly fact sheet for December 2023 on Overseas Direct Investment (ODI) data from April 2000 to December 2023. It presents cumulative ODI outflows, component-wise break-up of ODI, repatriation inflows, month-wise outflows, top destination countries, and sectors attracting the most ODI, with data provisionally published on January 4th, 2023. The data is subject to change based on online reporting from Authorized Dealer (AD) banks. **Key Points / Main Content** * **Cumulative ODI Outflows (April 2000 to December 2023):** * Actual ODI Outflows: Equity + Loans + Guarantee Invoked totals US$2,95,405 million. * Financial Commitment: Equity + Loans + Guarantee Issued totals US$6,91,259 million. * **Component-Wise Break-up of ODI:** * Provides a breakdown of Equity, Loans, Guarantee Issued, and Guarantee Invoked for the financial years 2021-22, 2022-23, and 2023-24 (April-December). * Total Actual ODI Outflow for 2023-2024 (April-December) is US$8,856 million. * **Summary of Repatriation (Inflow) from JV/WOS (Based on APR):** * Details repatriation inflows for various items (Dividend, Repayment of Loans, etc.) for FY 2021-22, 2022-23, and 2023-24 (April - December 2023). * Cumulative repatriation from April 2000 to December 2023 totals US$2,71,637 million. * **ODI Actual Outflows (Month-Wise):** * Lists actual ODI outflows for each month for the financial years 2021-2022, 2022-2023, and 2023-2024. * **Top Ten ODI Destination Countries (Financial Year Wise):** * Ranks the top countries by ODI received, with data for 2021-22, 2022-23, and 2023-24 (April - December). * Singapore is the top destination country. * **Country-Wise ODI Outflows from April 2000 to December 2023** * Lists countries and their share of the total ODI Outflows. * Singapore ranks the highest. * **Sectors Attracting Highest ODI Outflows (Financial Years Wise):** * Ranks sectors by total outflows for 2021-22, 2022-23, and 2023-24 (April - December). * Financial, Insurance, and Business Services rank the highest. * **Sectors Attracting Highest ODI Outflows (Month-Wise):** * Lists monthly ODI outflow by Sector for April-Dec 2023. **Impact Analysis** **Authorized Dealer (AD) Banks** * **Impact:** Required to provide online reporting which is used to compile the ODI data. * **Action Required:** Ensure timely and accurate online reporting of ODI data. **Government Agencies and Policymakers** * **Impact:** Receives comprehensive data on ODI for policy formulation and economic analysis. * **Action Required:** Utilize the data to assess the effectiveness of existing policies and identify areas for improvement. **Businesses and Investors** * **Impact:** Gains insights into investment trends, destination preferences, and sector-specific investment flows, informing their investment decisions. * **Action Required:** Review data to identify potential investment opportunities and adjust strategies based on market trends.

Key Entities Referenced

Overseas Direct Investment (ODI): Central subject of the fact sheet, representing investments made abroad by domestic entities. Singapore: Leading destination for Overseas Direct Investment outflows.
Official Source Record View Original Source →
See Full Document Text
MONTHLY FACT SHEET FOR DECEMBER 2023 OVERSEAS DIRECT INVESTMENT (ODI)1 DATA FROM APRIL 2000 TO DECEMBER 2023 A. CUMULATIVE ODI OUTFLOWS (from April 2000 to December 2023) (Figures in US$ Million) S. No CUMULATIVE AMOUNT OF ACTUAL ODI Total OUTFLOWS 1. Equity Loans Guarantee Invoked Equity +Loans+ Guarantee Invoked Period (from April, 1,95,216 93,269 6,920 2,95,405 2000 to December, 2023) 2. CUMULATIVE AMOUNT OF ODI (FINANCIAL Equity +Loans+ COMMITMENT) Guarantee Issued Period (from April, Equity Loans Guarantee Issued 2000 to December, 2023) 1,95,216 93,269 4,02,774 6,91,259 B. COMPONENT-WISE BREAK-UP OF ODI (Figures in US$ Million) Financial year Overseas Direct Investment (ODI) Financial Actual ODI Commitment Outflow (II+III+IV) (II+III+V) Equity Loans Guarantee Guarantee Issued Invoked I II III IV V VI VII 2021-22 12,995 4,870 33,691 298 51,556 18,163 2022-23 8,569 4,711 21,206 184 34,486 13,464 2023-24 5,136 3,496 9,875 224 18,507 8,856 (April- December) Total 26,700 13,077 64,772 706 1,04,549 40,483 1 Disclaimer: The ODI data’s are provisional published on 4th January, 2023 and subject to change on account of the online reporting made by the Authorized Dealer (AD) banks. The break-up may not add-up to the totals given due to rounding-off of decimals and online reporting (continue) by AD banks. 1C. SUMMARY OF REPATRIATION (INFLOW) FROM JV/WOS (BASED ON APR) (Figures in US$ Million) Sr. Item FY 2021-22 FY 2022-23 FY 2023-24 (Apr – Cumulative (Apr 2000- December 2023) December 2023) No 1 Dividend 2,446 1,371 20 21,555 2 Repayment of Loans 1,688 840 1 24,826 3 Non-Equity Exports 17,601 18,084 11 1,31,531 Realised 4 Royalties 39 122 1 1,490 5 Technical know-how 37 29 3 563 fees 6 Consultancy fees 383 68 0 5,293 7 Others* 6,403 3,398 255 86,379 Total 28,597 23,912 291 2,71,637 * Others include Repayment of Repatriations, Refund of Share Application Money and Others fee. D. ODI ACTUAL OUTFLOWS (MONTH-WISE) Actual ODI outflow (In US$ Million) S. No. Month 2021-2022 2022-2023 2023-2024 1 April 2,028 807 1,119 2 May 1,406 633 776 3 June 2,076 896 615 4 July 1,115 656 1,060 5 August 962 1,205 1,018 6 September 2,188 996 1,020 7 October 1,551 872 1,195 8 November 1,203 2,463 624 9 December 1,915 1,634 1,429 10 January 923 819 0 11 February 587 1,158 0 12 March 2,209 1,325 0 Total 18,163 13,464 8,856 2E. TOP TEN ODI DESTINATION COUNTRIES (FINANCIAL YEAR WISE) Rank Country ODI (In US$ Million) Cumulative ODI (Apr 2021- December 2023) 2021-22 2022-23 2023-24 In US$ As % of ‘Total (April – Million ODI (April 2021- December December 2023)’ 2023) 1 SINGAPORE 4,497 2,201 2,682 9,380 (23) 2 MAURITIUS 1,371 1,130 212 2,713 (7) 3 UNITED STATES 3,602 2,044 1,474 7,120 (18) OF AMERICA 4 NETHERLANDS 1,050 984 742 2,776 (7) 5 UNITED 2,350 2,731 794 5,875 (15) KINGDOM 6 UNITED ARAB 494 1,254 756 2,504 (6) EMIRATES 7 RUSSIA 567 200 5 772 (2) 8 BRITISH VIRGIN 299 297 96 692 (2) ISLANDS 9 SWITZERLAND 453 320 310 1,083 (3) 10 CYPRUS 334 45 4 383 (1) Total ODI to Top 15,017 11,206 7,075 33,298 (82) 10 Countries** (83) (83) (80) (82) Total ODI (to All 18,163 13,464 8,856 40,483 Countries) ** Value given in parentheses is % Share in 'Total ODI’ ** Channel Island is not included in top 10 for lack of Data. 3F. COUNTRY-WISE ODI OUTFLOWS FROM APRIL 2000 TO DECEMBER 2023 Sr. No Name of the Country ODI (in US$ Million) As % of Total ODI 1 SINGAPORE 57,168 19% 2 MAURITIUS 40,570 14% 3 UNITED STATES OF AMERICA 36,074 12% 4 NETHERLANDS 24,640 8% 5 UNITED KINGDOM 18,307 6% 6 UNITED ARAB EMIRATES 14,061 5% 7 RUSSIA 12,708 4% 8 CHANNEL ISLAND 10,579 4% 9 BRITISH VIRGIN ISLANDS 8,820 3% 10 SWITZERLAND 7,729 3% 11 CYPRUS 7,016 2% 12 SRI LANKA 6,025 2% 13 CAYMAN ISLAND 5,087 2% 14 MOZAMBIQUE 3,861 1% 15 SUDAN 3,067 1% 16 HONGKONG 2,163 1% 17 CANADA 2,088 1% 18 BERMUDA 1,880 1% 19 AUSTRALIA 1,782 1% 20 MYANMAR 1,766 1% 21 AZERBAIJAN 1,765 1% 22 GERMANY 1,720 1% 23 INDONESIA 1,518 1% 24 JERSEY 1,201 0% 25 SOUTH AFRICA 1,173 0% 26 VIETNAM 1,080 0% 27 IRELAND 976 0% 28 LUXEMBOURG 929 0% 29 CHINA 921 0% 30 PHILIPPINES 918 0% 31 SOUTH KOREA 795 0% 32 ISLE OF MAN 732 0% 33 BANGLADESH 730 0% 34 MALAYSIA 711 0% 35 SPAIN 667 0% 36 BRAZIL 641 0% 37 EGYPT 633 0% 38 ITALY 592 0% 4Sr. No Name of the Country ODI (in US$ Million) As % of Total ODI 39 PANAMA 580 0% 40 OMAN 550 0% 41 BELGIUM 528 0% 42 THAILAND 510 0% 43 JAPAN 472 0% 44 FRANCE 446 0% 45 SWEDEN 405 0% 46 SAUDI ARABIA 393 0% 47 KAZAKHISTAN 392 0% 48 ISRAEL 384 0% 49 IFSC GIFT CITY 383 0% 50 DENMARK 350 0% 51 COLOMBIA 333 0% 52 KENYA 330 0% 53 CZECH REPUBLIC 292 0% 54 NEPAL 284 0% 55 LIBYA 251 0% 56 MOROCCO 237 0% 57 MEXICO 220 0% 58 JORDAN 213 0% 59 BAHRAIN 210 0% 60 IRAN 206 0% 61 NIGERIA 203 0% 62 TURKEY 196 0% 63 ZAMBIA 186 0% 64 LIBERIA 181 0% 65 ETHIOPIA 181 0% 66 GABON 179 0% 67 BAHAMAS 169 0% 68 URUGUAY 168 0% 69 MALTA 164 0% 70 NORWAY 158 0% 71 CHILE 156 0% 72 QATAR 153 0% 73 TANZANIA 144 0% 74 CUBA 143 0% 75 GHANA 140 0% 76 BOTSWANA 130 0% 77 IVORY COAST 110 0% 78 BHUTAN 105 0% 5Sr. No Name of the Country ODI (in US$ Million) As % of Total ODI 79 MALDIVES 105 0% 80 FINLAND 95 0% 81 UGANDA 89 0% 82 AUSTRIA 79 0% 83 NEW ZEALAND 77 0% 84 SYRIAN ARAB REPUBLIC 73 0% 85 POLAND 61 0% 86 BOLIVIA 56 0% 87 GREECE 54 0% 88 CONGO 47 0% 89 ROMANIA 45 0% 90 HUNGARY 42 0% 91 CAMBODIA 37 0% 92 CROATIA 34 0% 93 SENEGAL 34 0% 94 GUYANA 34 0% 95 RWANDA 32 0% 96 PERU 28 0% 97 MARSHALL ISLAND 28 0% 98 YEMEN 26 0% 99 LAOS 23 0% 100 DEMOCRATIC REPUBLIC OF 22 0% TIMOR LESTE 101 FEDERATION OF SAINT KITTS 21 0% AND NEVIS 102 PUERTO RICO 19 0% 103 PORTUGAL 18 0% 104 UZBEKISTAN 17 0% 105 ZIMBABWE 17 0% 106 VENEZULA 14 0% 107 MALI 14 0% 108 ALGERIA 13 0% 109 TUNISIA 12 0% 110 AFGHANISTAN 11 0% 111 TAIWAN 11 0% 112 GAMBIA 11 0% 113 KUWAIT 10 0% 114 EUROPIAN UNION 10 0% 115 GUATEMAL 10 0% 116 COSTA RICA 9 0% 117 TRINIDAD AND TOBAGO 9 0% 6Sr. No Name of the Country ODI (in US$ Million) As % of Total ODI 118 MONGOLIA 8 0% 119 MAURITANIA 7 0% 120 KYRGYZ REPUBLIC 6 0% 121 GIBRALTER 6 0% 122 MALDOVA 6 0% 123 LIECHTENSTEIN 6 0% 124 SEYCHELLES 6 0% 125 TOGO 5 0% 126 GUINEA REPUBLIC 5 0% 127 SAINT LUCIA 5 0% 128 KIRGHIZSTAN 5 0% 129 REPUBLIC OF MADAGASCAR 5 0% 130 TADJIKISTAN 5 0% 131 UKRAINE 5 0% 132 NAMIBIA 5 0% 133 BELARUS 5 0% 134 MALAWI 4 0% 135 ECUADOR 4 0% 136 GUERNSEY 4 0% 137 GEORGIA 4 0% 138 PARAGUAY 3 0% 139 VANATUA 3 0% 140 ARGENTINA 2 0% 141 BRUNEI 2 0% 142 BULGARIA 2 0% 143 BENIN 2 0% 144 BURKINO FASO 1 0% 145 HONDURAS PEPUBLIC 1 0% 146 NIGER 1 0% 147 BARBADOS 1 0% 148 LITHUANIA 1 0% 149 FIJI 1 0% 150 SLOVAKIA 1 0% 151 ALBANIA 1 0% 152 ESTONIA 1 0% 153 SWAZILAND 1 0% 154 IRAQ 0 0% 155 CAMEROON 0 0% 156 CHAD 0 0% 157 REPUBLIC OF MACEDONIA 0 0% 7Sr. No Name of the Country ODI (in US$ Million) As % of Total ODI 158 BELIZE 0 0% 159 CENTRAL AFRICAN REPUBLIC 0 0% 160 DJIBOUTI REPUBLIC 0 0% 161 REPUBLIC OF SERBIA 0 0% 162 SLOVENIA 0 0% 163 LATVIA 0 0% 164 SIERRA LEONE 0 0% 165 ST. VINCENT 0 0% 166 BURUNDI 0 0% 167 DOMINICAN REPUBLIC 0 0% 168 SOMALIA 0 0% 169 BRITISH ANGUILLA 0 0% 170 ICELAND 0 0% Grand Total 295,405 100% 8G. SECTORS ATTRACTING HIGHEST ODI OUTFLOWS (FINANCIAL YEARS WISE) (In US$ Million) Rank Sectors Yearly Actual Outflows Cumulative Outflows (In US$ Million) 2021-22 2022-23 2023-24 In US$ As % of ‘Total (April – Million ODI (April 2021 December – December 2023) 2023) 1 FINANCIAL,INSURANCE 8,130 4,459 3,294 15,883 39% AND BUSINESS SERVICES 2 MANUFACTURING 4,253 3,514 1,993 9,760 24% 3 WHOLSALE, RETAIL TRADE, 2,313 2,901 995 6,209 15% RESTAURANTS AND HOTELS 4 AGRICULTURE AND MINING 1,010 714 640 2,364 6% 5 COMMUNITY, SOCIAL AND 1,346 323 255 1,924 5% PERSONAL SERVICES 6 CONSTRUCTION 672 587 753 2,012 5% 7 TRANSPORT, STORAGE AND 323 807 738 1,868 5% COMMUNICATION SERVICES 8 ELECTRICITY, GAS AND 94 104 173 371 1% WATER 9 MISCELLANEOUS 22 56 15 93 0 TOTAL OUTFLOWS 18,163 13,465 8,856 40,484 100% 9H. SECTORS ATTRACTING HIGHEST ODI OUTFLOWS (MONTH-WISE) (In US$ Million) Rank Sector April- May- June- July- Aug- Sept- Oct- Nov- Dec- 23 23 23 23 23 23 23 23 23 1 FINANCIAL,INSUR 336 297 262 640 328 374 299 168 590 ANCE AND BUSINESS SERVICES 2 TRANSPORT, 167 26 20 25 278 38 3 28 152 STORAGE AND COMMUNICATIO N SERVICES 3 WHOLSALE, 75 210 132 132 103 94 60 113 74 RETAIL TRADE, RESTAURANTS AND HOTELS 4 MANUFACTURING 347 109 105 105 133 384 155 228 428 5 CONSTRUCTION 65 65 40 25 130 66 300 10 53 6 ELECTRICITY, 22 1 2 3 2 2 135 3 3 GAS AND WATER 7 AGRICULTURE 93 47 38 37 24 48 174 65 115 AND MINING 8 COMMUNITY, 13 19 16 88 19 11 69 8 13 SOCIAL AND PERSONAL SERVICES 9 MISCELLANEOUS 1 2 0 5 1 3 0 1 1 TOTAL 1,119 776 615 1,060 1,018 1,020 1,195 624 1,429 OUTFLOWS ***** 10

Continue your research